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: you are reading the same headlines we are out of the russian defense ministry and from russian sources, first saying they would potentially be some assault on ukrainian forces who were holding out, albeit peacefully at the moment on the crimean peninsula. then we understand no such ultimatum has been issued. really, events down in the crimea which is in the southern part of this huge european country, let's not forget it's the second largest country by land mass in europe, with a 2300 kilometer border with russia. events are very fluid and really, no clear picture coming out. at the moment, we do know this government here in ukraine which is pro-western, is very defiant even though they are saying they are still looking for very diplomatic messages. that's despite the foreign minister of russia today being pretty aggressive, telling western powers not to back this government in ukraine. i spoke to the prime minister yatsenyuk today. i asked what's his message to lavrov and the russians. >> my message is that we will find a political and diplomatic solution despite the fact that russian
did test fire a long-range intercontinental ballistic missile. defense officials tell fox news they were expecting that launch. we will get much more from our pentagon correspondent, jennifer give in, in a few minutes. more signs of tension in the crimea. a russian soldier firld his gun in the air to hold back angry ukrainian troops. that situation ended with no violence at all. in fact, most of the russian occupation had been peaceful. ikely because the majority of the people in the crimea identifies russia and 80% people speak russian as their first language. but outside of the cripple yeah a -- crimea and kiev, people have given their blood and sometimes lives to cut ties with the ruler. we saw fighting play out here. the square is filled with memories of the protesters that died. we saw flowers along with pictures of the dead. the burned-out square is still littered in all areas with signs of that chaos that happened here. the sunset is about to nasa half our in independence square in kiev. there are flowers by the millions. the tires we all saw burning last week, as the pr
what he thinks of the budget. these cuts in defense spending are based and has been made known by the administration there will be no more land wars. weyou know how many times have said that in the 20th century after world war i, world , andi, korean war, vietnam we always had to rebuild the military, because it is not always a conflict of our choosing. >> do you see this as a central problem with the president's budget? issue with america's role in the world. he does not believe in american exceptionalism or leadership. that is why our influence is , especiallyhe world in the middle east where the united states influence and power is no longer a factor. much a consensus builder. we did not have it with the u.k. for syria. do you think things are changing at all or still in the position where it will be an uphill battle trying to convince other nations to join us as we deal with this problem? already we're seeing disappointing but not surprising signs from germany and the british that basically they do not want to do anything serious. one reason is because of the energy supplie
there are russian defense forces. kerry was god smacked. nbc's andrea mitchell told him putin said that. putin says there's an illegitimate government here in kiev. kerry says how can it be illegitimate when the parliament approved this government? putin says there are ant anti-semantic running in kiev. kerry says, i drove through kiev, i walked through kiev, how can that be the case, mr. putin? but let's look at the positive side of things. progress, kerry is going to be speaking to lavrov. nato and the russians will be speaking, as well. it's sluggish, but there is a ministerial level conversation going on. the russians maybe, despite mr. putin's comments about the illegitimatesy of this government, there was some progress there. but the hard proof is there are russian forces or pro russian forces, whatever you want to call it, on ukraine territory. talking about putin's speech yesterday, this is hard lined. it says the confessions of a mad adegreeson with a caricature of mr. putin. a humanitarian mission? and then we have a third bun referring to those shots and pictures of unarmed ukrainian air
african courtroom. why the defense attorney is pointing his finger at witnesses. >>> 4:44 here on wednesday morning. good morning to you. we take a live look outside. commute under way. mike inouye's watching that. we have a b.a.r.t. issue this morning. so that could affect your commute if you commute on b.a.r.t. we'll fill you in on that coming up. >>> two south bay families get the lift of a lifetime, new home to call their own. habitat for hohumanity will giv homes. the keys will be given to the families at 10:00. >>> and follow up now, san francisco one major step closer to approving one of the strictest bans on bottled water in the country. the board of supervisors passed the ban. the change will take place in october. starting 20016 extending to large outdoor events. the ban must be approved by the board one more time before sent to mayor ed lee's desk. >>> menlo park giving a thumbs up to facebook's offer to pay for a police officer. the city council unanimously accepted the offer. it will pay 500,000 for the officer based at bellhaven neighborhood substation. the office
. >>> oscar pistorius' murder trial has just adjourned for the day. earlier the chief defense lawyer pointed the finger at two witnesses that testified accusing them of tayloring their stories to match one another's. the witnesses, a married couple, live next door to pistorius, both said they heard a woman scream, gunshots the night that reeva steenkamp were killed. the defense say there's were differences between the statements the couple gave to police after the shooting and the testimony they gave in court. pistorius claims he thought steenkamp was an intruder the night he shot through a bathroom door, killing her. prosecutors say it was on purpose. >>> israeli prime minister benjamin netanyahu is on his way to silicon valley. meeting with high-tech leaders and the governor. live outside the computer history museum in mountain view, where the prime minister will be in a matter of hours. good morning to you, damien. >> reporter: good morning. this is the third american stop for the israeli prime minister. he was in washington, d.c. monday, l.a. yesterday, and today, right here in the sill
defense treaty, weakened and our missile defense talks with them, which is what they desire and there is no particular reason to do that. we could start beefing up our nato presence which we withdraw dramatically in the next few years. more importantly, we could start exporting gas to europe. coal and oil are fungible. in europe, that is the dependency of europe. europe will not be able to do very much without some perspective alternative markets. without your, there is very little that we can do. cheryl: certainly, we are watching stocks. we are sitting pretty much at session lows. let's get to nicole petallides on the floor of the new york stock exchange. volatility, nicole, is off the charts today. nicole: that is right. that is something that we focused on. take a look at the dow right now. a loss of 1.1%. our low for the day was 16,771. the nasdaq is down one full percentage point. a loss of more than three quarters of 1%. worth noting that the transportation index was also lower. there are concerns about what is going on in crimea and the ukraine. concerns about russia
're not russian forces but in his words local self defense teams. very well prepared local self defense teams. he says he was asked about the uniforms and he said these are things you can pick up in shops across states that used to belong to the soef yviet unions. he was pressed were russians part of this and he said no. this fits the narrative that what you're seeing there is local homegrown grassroots rejection of what's going on in kiev, the change of government there. vladimir putin talked about the need to respect crimeans' right to determine their own destiny, basically. in the near future they're planning to hold a referendum to vote and whether or not they should seek greater independence from ukraine. >> and, phil, what did he say about ukraine's new leaders as well as the whereabouts of the ousted president, viktor yanukovych? >> reporter: well, he said the new leadership of ukraine seized power through an illegal coup. take a listen. >> translator: as to the -- whether this current authority are legitimate, partly yes, but the rest of them are not. the executive -- the acting president
to me. and camede in america, after a hearing before the appropriations subcommittee on defense where the elon musk sat next to and testified a long side the chief competitor. the were there to discuss short forogram, default, expendable vehicle launch program. it is the federal government's answer to reducing the cost of military satellite space launches by hiring out contractors. spacex is currently not in the business because it does not have the certification to do so. betweeny, joint venture defense giants is the only thatting rocket maker with certification. which means it has held a monopoly for years. a monopoly he said he is convinced the competition would not help that monopoly or bring the government savings because he says redundancies between having to rocket makers might wash out any savings elon musk label and now -- amount to $1 million should the federal government go with spacex. luckily, the pentagon clears -- it tends to put an end to the monopoly. the sentiment also seems to be shared by lawmakers today. >> thank you. moment,continue in a the mission, should you c
. in this particular case, this technology has been demonstrated back in 2010. the department of defense work bircher --m called walter that was to fly for five --rs at high altar to allow themnd would to have internet in the parts of the world that do not. >> a drone that can provide internet access. we should think of it like a satellite? orbiting satellite that has the ability to maneuver within the band they want to to sell for the conductivity of communication. if you look at africa, those that skipped a generation of cell phones. they never put power lines or hard cable lines in the ground. now they have cell phone coverage. this is the exact same thing they will do with the internet, skip a generation of the internet and now go through low-flying orbital satellites that are called unmanned aircraft systems or drones. would this compare to what google has been focused on? both of the companies are more interested in more people using internet around the globe. >> what google is doing is they were looking at balloons that would fly at the higher altitudes that would allow them to again use it as
of the national defense council. and i spoke to one of the representatives of that council, deputy summer somer about the intentions of the russians. let's just listen in to what she thought. >> we understand that this is main goal of the russian army to -- ukrainian army to have its own country. but just now, we don't have any cases with -- where our on -- >> do you fear that there's going to be an escalation of the conflict area outside of crimea to, perhaps, eastern ukraine, for instance, which has a lot of russian support, we're told? >> so dangerous of escalation is very high. but ukrainian government try to keep the situation and our message for all ukrainian army to give the people. we understand that we are doing everything without armed forces. >> do you consider russian actions so far to be a declaration of war by russians on ukraine? >> yes. we can see the decision of the russian parliament and we can see act on the ukrainian territory in crimea. >> what they're saying here is the actions on the ground that have been a declaration of war. we've had a mobilization of regular forces, a
he says they're local self-defense teams. why are they wearing uniforms similar to russians? he said they're available in shops across the union. he was asked if russians are involved in securing crimea? he said no repeatedly. that stands against teams on the ground are reporting that have spoken to soldiers and who have admitted they are russia. which explains why they're so well armed, driving armored vehicles and why army vehicles have russian plates. >> it's interesting in the of the phone call between merkel and problem. it says merkel expressed the opinion vladimir putin was in another world, did not seem teth t -- seem in reality. that's my translation. as someone reporting on putin for years, what's your take? is this somebody that disconnected from reality or somebody willing to say whatever he needs to say to accomplish what he needs to accomplish? >> i think putin is off viewed rightly as the ultimate pragmatist. he require rarely acts without . his take on what's going on on the ground and what western leaders believe is the claim to a threat to the ethnic russian populat
about the bus, but now i am on to cars. the defense summit at washington, d.c., we have the latest from the ukraine as well as pending changes to the u.s. military budget. william cohen will be joining me to give me more details, he served as secretary of defense under president bill clinton. outside the banks, they are talking about skateboarding. we have tony hawk, the legend from state wording, turning the sport into a mega-million-dollar business. all of that and more coming up at 5 p.m. eastern. more "street smart," next. ♪ >> we were talking about an overhaul of the tax code and whether or not it has any legs. that is tomorrow and we will talk some more about it. >> that is good. it has been a long time since we have had comprehensive tax reform bills. >> all the way back to the 80's, right? >> back when the giver was in office. >> 86. >> maybe they can bring ronald reagan back to life. >> we will see. on. >>tony hawk comes that is awesome. >> that's right. stick around, everyone. ♪ the hour, meaning that bloomberg tv is on the markets. let's get you caught up on how the marke
. frugalityusterity and of the national defense. how do we project a state department policy if we are recovering from two wars and want to take the armed services back? >> with great difficulty. dimension is absence. this will not be a crisis that teachers u.s. military use of force. carriers are not going to the black sea. we are engaged at all, it is about what we say and do with our allies. we have no powerful course of instruments that can merge them on this front. by cap we learned anything about the way russia has made the moves? i've remember when georgia invaded the south. there was an interesting cyber attack that precluded that. i was wondering if you saw anything that happens in crimea that was similar? >> i think there is a lesson to be learned. i think the big lesson is to be learned from the administration. he got caught trying to negotiate a secret deal with putin about the missile defense system. russia may be violating the treaty without action by the administration. this administration has been pursuing an narrative that is just not accurate. it has put allies at a very disadvantage
, man, edge knows that oscar is innocent. he's taking that as intimidation. today, the defense attorney gave hints on timing. he said to this witness you call security at 3:13 a.m., and that call lasted 58 seconds. then you got to your balcony to continue to witness what was happening at 3:17. oskar eriksson at 3 in the 19:50, you get the idea how precise the timings are becoming now, called for help after he had broken the door down. so what the defense is saying now to this witness. you didn't hear gunshots, you heard oskar eriksson breaking down the bathroom door with a cricket bat when he realized that reeva steenkamp, his girlfriend was shot or wounded inside. and we've had testimony from the fourth witness taking the stand, a professional boxer, friend of oskar eriksson, looked up to him because he was helping him with his diet for his training. talking about how they were in a restaurant just over a year ago. oskar eriksson passed a pistol under the table. he was told there was a bullet in it. the bullet discharged, hit the floor. oscar asking a friend to take the blame for that.
the headline and to the type of stocks that have been outperforming year-to-date, it's not all defensive in nature. obviously from a major sector standpoint you have utilities doing quite well this year. but if you look at construction materials and biotech and airlines, these are not really defensively positioned companies and industries. ult matsly if i'm going to take a positive read from the price action so far this year, it's that the industries that are doing well are the types that should be doing well if the economy's continuing to expand. >> gem of the dow now down 225 points. you're closer to the situation physically than any of us. how can you characterize, i guess, the level of concern that's being felt in london and other financial markets around this world? >> global markets are at risk from what's going on in the ukraine because we saw this in january where there was turmoil in turkey and it hit investor confidence. investors are going to be looking to lock in profits. in terms of trade is a positioning, we've seen a lot of buying of the vix options showing traders are act
for people who work within government agencies like defense and homeland security. the self-destruct feature isn't quite as dramatic as it sounds. it simply erases all the data if someone tries to break into the phone. it runs on google android and encrypted stored data. it's expected to be out this summer but no word on how much it's going to cost. >>> top home lender wells fargo is cutting 700 mortgage jobs. the move is reportedly in response to slipping demand for the home refinancing market. wells fargo has slashed at least 6900 jobs since july and more cuts are not out of the question. the latest reduction focuses on back office operations where employees process the mortgage operations. >>> for the 13th year in a rodentty theft tops the -- identity theft tops the federal trade commission's list of complaints. it received more than two million complaints in 2013 and 14% of them were related to i.d. theft. americans reported losing more than $1.6 billud last year. other top complaints include debt checks, banks and lenders, and imposter scams. the data breaches are going to start showing
is the place to be and it hold up. >> if you listen to a lot of people the whatsapp acquisition was defensive on the part of facebook. i don't think tim cook is going to want to license to any android users. >> this is the whole point, they can pounce. if they were willing to do something different this time, think about their market share globally for smartphones. it's getting destroyed by android. >> i need to get a bottom line, though, dan, let's say they don't license, would you be bullish, apple. >> melissa, there are some very fast-growing businesses at apple. they're playing paying ridiculous multiples for. with 150 -- >> so you like it. >> it's a cheap stock with some fast-growing businesses. >> all right, so you like it, bottom line, good. >>> coming up next -- they say one man's trash is another man's treasure, could that be true of blackberry. carter will tell us after this break. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bel
needs to be broken up into two parts, an offensive part and a defensive part, and the cyber security companies would be a lot more comfortable working with a defensive nsa than they are working with an nsa that's trying to hack into a lot of people's information. so he suggested that they might not want to work with the nsa at all if that kind of clarity can't be given to the cyber security technology companies. >> i have a more practical question. what are they trying to do to solve this security problem for all of us with our credit cards and all the things that can be hacked into? i mean, is there a solution that they're eyeing right now or are they just kind of flailing about here? >> well, i'll tell you, there are hundreds of solutions in this room. all of these little startup companies have a different idea about how to do that, and you're seeing sort of capitalistic, darwinian evolution going on as all these little companies pitch these ideas. bigger companies are coming up and acquiring the little firms and saying that's where we're going to go, but this question of passwords
on their own self-defense? they have subcontracted out all of their defense to the united states assuming we would come to their aid. if they were stronger militarily, would putin be able to make those moves? i don't think so. >> i think it would be useful if europe spent more on its defense and i would not lump all the european nations together. i think france and great britain spend a fair amount on their defense. it would be useful if they spent more but i don't think that's the key to resolving this crisis. >> how far -- keep going. >> it would also be useful for the european union and individual european states to levy sanctions on russian leaders. russian leaders keep their money in europe. that would be a strong disincentive for aggression. >> on vladimir putin? >> yes. >> when he decides he's not going to send them all the natural gas, one-third of which they consume from russia, and they are paying through the nose and their economy still isn't recovered, why would they do that? >> that's a fair question. keep in mind if putin doesn't sell it to europe, he doesn't sell it. russia ne
of ten s&p sectors up more than 1%. it doesn't matter if you're defensive names or cyclical names, health care, financials, industrials, it doesn't matter. right across the board, 7 to 1 advancing to declining stocks. the only point i would point out, the one thing i would make is look at the ten-year. this is not signaling somehow economic news is better. a lot of the naysayers down here, and there's a few of them left, keep saying watch the bond market. that's the one that's still not moving. guys, a lot of attention focused on that nonfarm payroll report on friday. back to you. >> yes. oh, by the way. thanks very much, bob. it was back to work in washington. president obama's 2015 budget was unveiled. it calls for tax increases on the rich to finance tax cuts for the not so rich, but it has little, if any, chance of passing politically. possibly that's another reason why stocks are higher today, right? >> john harwood joins us with some of the defails on this one. john? >> there are two distinct parts of the president's budget. one part has to do with the budget world as it is under th
.7% to decline 3/10 of one percent. when he back out defense transportation, 1.7% for the month of january defying expectations of a decline. we should mention the previous month's numbers for december were going to show bigger than reported declines. jobless claims coming out at a: 30 a.m. here's a number worse than expected. 348,000 jobless claims fire -- filed for last week. the average estimate was for 335,000. terms oflike a miss in economic data. durable goods are better than anticipated for the month of january and jobless claims worse. the taking a look at market reaction. we are seeing markets on the move. the dow jones also paring its loss by about 10 points, now down just 1/10. looking deeper into the data, give me your take on the goods. class it is good. you want to look past the headlines and see what businesses are defend debt spending. you take out defense and aircrafts nec a pretty solid gain for a month. the three month rolling average, we are up 6.6%. couple ofter a months. when you look at capital goods, it looks like this is is starting to spend again and ended decembe
. north korea, when that happens, we usually get an uptick along the south korean defense plays. naver corp, two percent down after gains last week. i will be back later on. john, back to you. j.crewican fashion has -- has friends in very hype very high places. and may have a new owner. >> that is the country trading in the japanese trading session. they may acquire j.crew for a deal valued at the $5 billion. really looking to make inroads in the u.s. unwilling to grow and expand overseas. they want to be the world's largest clothing retailer. so they are betting on scoop-neck tees and cardigans. the bigs fan is michelle obama the united states. she loves them. i love -- i wear some j.crew j.crew -- i wear some clothing. it is hard to buy it here. leonard green has been the guy behind gap and trying to promote j.crew's band overseas. similar goals. j.crew is a privately held company. according to people familiar with the matter, they have explored the idea of going the ipo route. but that his not -- that has not this is armed during company that finds itself in a mid-tier. they have ab
, defensive stocks. consumer staples up the same as consumer discretionary. industrials up the same as health care. >> let's bring in kenny pulcari. i asked ben what to do on that 200 plus down day and he said buy. you know what? that was a great call. what do you do now if you missed it? >> i'm not sure you missed it. i think they want to take it to 1900. just until they say we take it to 1900. it's like get that number on it, people are looking for it. this is not a huge lot of volume so again, to bob's point, it's trader driven. it's algo-driven. crisis over and boom, they rush it right up. it doesn't feel like it wants to top out until -- it will test 1900, i'm sure. then i think you will see this pull back again, this churning. >> the question is whether we keep relatively quiet the next few days on this story because then we get into the nonfarm on friday. remember, people expect not a great number because of bad weather during the week they did the survey. now we are set up for if the number's better than expected, you get another potential leg up. >> on that note, here's seema mody fo
in support of the ukrainian people. this morning, secretary hagel announced the defense department is taking concrete steps to stepsre our nato allies like expanding our aviation contributions our . this is on top of other steps the united states is artie taking wake suspending bilateral discussions -- >> you have been listening to secretary of state reiterating the u.s. support of the ukraine. we are here on set with our guest and we were just talking earlier about the ukraine. we spoke earlier with our reporter on the ground. sensed there was a earlier that maybe things have reached a lull. that is not the case now. we have a secretary of state saying we're here to defend the ukraine. what does that mean you a -- meaning? -- mean? a case not believe it is or might economic sanchez. his a board to keep in mind russia has a lot of parts -- cards they hold as well. cards or the natural gas the west is dependent on. you he is a jacksonian guy. a tough guy. he will stop at less than we will. and he is willing to put a lot more on the line qwest as he does not do the same laws >> he's not necess
defense today? >> he was more than willing to acknowledge that a small number of credit suisse bankers went above and beyond to help u.s. citizens of the taxes. senior management was deeply regretful for those actions. they said that they were on a pathway to reforming themselves. they work to try to change that. that was not enough for the senate chairman. take a listen. >> you do not want to be in the purely business that dirty business of helping u.s. clients she on her taxes. it is important if you are really going to the a reform bank that you have got to acknowledge what is clear in our report, the wrongdoing went beyond these mulgrew of rogue bankers. iswhat you see right there the senator nailing the biggest difference. claims that this was just a small number of bankers who were involved. in a report released by the committee, it is a very large number of bankers, as many as 1800, may have been involved. that was not results yet. hear frommittee will top justice department officials in 30 minutes. where does credit suisse stand? >> the investigation is ongoing. the justice dep
in the back of people's minds to my that you could get some kind of russian reaction. >> u.s. defense secretary chuck hagel is concerned as well. he spoke yesterday to a group of ministers in belgium. >> we expect other nations to expect ukraine's sovereignty and avoid provocative actions. that is why i am closely watching russia's military exercises along the ukrainian border, which they announced as you know, yesterday. i expect russia to be transparent about these activities and i urge them not to take any steps that could be misinterpreted or lead to miscalculation during a belly -- a very delicate time. >> would this fall into the category of steps that could be misinterpreted? this is a russian warship docked in habana, cuba yesterday -- havana, cuba yesterday. it went into service in the black sea back in 1988 before it was transferred seven years later to the northern fleet. this is according to russian media sources. neither cuban authorities, nor state media have mentioned the ships visit, unlike on previous tours by russian ships. does it, cold war? secretary john kerry sai
its annual military drills. a defense ministry officials said that north korea fired for project those believed to be shorter-range missiles with a range of about 125 mi.. north korea has recently east tensions with south korea by a largely areas between relatives who have been separated since the korean war over 60 years. >> watching wall street this morning. future trading shows all three indexes are negative right now. for the third straight day, the s&p five are traded above its record to close yesterday but fell back. here is a look at the closing numbers. the dow added 18 points. the nasdaq added four. the s&p 500 added a point. >> tesla is making plans to open a massive new battery factory that could bring thousands of jobs to the united states. the power out so based car maker is considering sites in nevada, arizona, new mexico and texas. the company plans on working with panasonic to make the batteries. tesla also say that it would raise nearly $2 billion in a debt offering to help finance the new factory. >> did general motors act quickly enough to get their latest big recal
. the country's newly appointed secretary of national security and defense counsel. we asked him about the growing tensions with russia. yes, i am. i'm worried about it, for sure. also, the capture of the government and crimea by units which in my opinion were sent from russia from moscow. we see a very aggressive method of carrying out politics towards ukraine. we could serve their attempts to divide ukraine or at least take crimea. >> with all the tension and crimea, would you call for native support across -- against russia for wire? >> yes, for sure. guarantee of safety in the black sea region. of course we are sure about nato and it has already been announced that they have their own vision and it will not allow the russian federation to create conflict. my colleague joins us now live from kiev. describe the security situation in the capital today. are things improving from your perspective? it has been pretty calm today in the city. tias around.i there's not much of a problem despite the huge numbers. you can hear some protests going on behind me on the streets. it has been prett
that with the newly appointed secretary of the national security and defense counsel. he asked about the growing tensions with russia. >> yes, i am worried about it. also, the capture of the government in crimea by units which were sent by russia from moscow. from russia, we see a very aggressive method of carrying out politics towards ukraine. we could observe their attempts to divide ukraine or take crimea. >> with the tension in the crimea region of ukraine, would you call for nato support against russia if required? >> yes, for sure. we think we are owed from the united states and britain. nato is a guarantee of safety in the black sea region. of course, we are sure about nato. it has already been announced that they have your -- their own vision and will not allow the russian federation to create conflict. >> from kiev to washington, what got president obama and vice president biden running around the white house? we will tell you. the chairman of microsoft wants you to join him on the cloud. his exclusive interview "lunch money." hiser on thank you -- inclusive interview later on "lunch mo
the russian defense ministry says that is not true, there is no ultimatum. clear is that the ukraine is in control of the russian military. there has been a real steady buildup since the first eight on fridays arrived and surrounded the bases. and now they are very much a control. >> tells about the situation the capital there. they're preparing for meetings with international monetary fund. >> that is correct of they just sat down with the director. they're going to meet with the imf, what timing, eh? ,kraine intends to ask of and intends to receive a funding --llars of $3 billion in funding. perhaps in an announcement this week, they think it would take them two to get thes to actually first cache. interesting of with this backed up,tor -- because you have investors really is earned about holding ukrainian debt. the russian military presence in ukraine is helping them to focus western minds, and soda pressuring them to impact gave ukraine this money that maybe would have taken a little bit longer to give if it had not been this way., thank a look at how united states and oth
missiles in those two countries, defensive missiles, part of the missile shield, to be used against rogue regimes such as iran. although, they still don't have missiles as far as we know that have kind of range. this is starting to look like a highly destablizing moment in history. >> you are right. thhs is how regional wars get started, one thing is is not openly discussed, is that we're rely on russia for removal of our equipment from afghanistan. as president obama goes into his idea for a transition or withdrawal, if not russia, pakistan. it is jumping from pot to the fire. lou: well, pots and fires, but, this is a president right now who it is clear, was wrong in his assessment of putin, and russia's ambitions, and looks like he has underestimated his administration and our different's ability to government's a bill to respond to such an act by russia, what is or recourse now, in your judgment, as a geo political analyst? >>, we have two main tracks to follow, one is arming the other states that border russia, giving them what they need to defend. second santions track there is no ma
, reflects the parameters specified in the budget deal, so-called discretionary spending both defense and on programs for ordinary americans at about $1.2 trillion. but the president also is putting in some proposals that aim higher toward whenever it is that congress decides democrats and republicans that they can make a larger budget deal that would curb entitlement spending, raise some tax. but for now, he's looking for a little bit more in his priority areas, and looking to do some business with republicans. >> john, it sounds like many of the elements of the budget have been proposed before i'm sure though the republicans have a lot to say about those proposals. what was the republican reaction? >> reporter: republican reaction is essentially that this is a status quo budget that doesn't change anything. a lot of that's true. because many of the proposals, raising taxes of different kinds on the wealthy, whether it's closing the carried interest loophole or limiting deductions for wealthy people, are things that are familiar that have been poe posed and ignored by congress in the
was defensive on the part of facebook. i don't think tim cook is going to want to license to any android users. my takeaway, don't you think the guys at blackberry have to be a thinking, oh, my god, we let a great thing in blackberry messenger get away from us? >> this is the whole point, they can pounce. if they were willing to do something different this time, think about their market share globally for smartphones. it's getting destroyed by android. imessage can be a trojan horse. >> i need to get a bottom line, though, dan, let's say they don't license, would you be bullish, apple. >> melissa, there are some very fast-growing businesses at apple. some of their competitors, they're paying ridiculous multiples for. when you think of apple at $525 with a 2.3 dividend yield, it's cheap stock with fast growing businesses. >> all right, so you like it, bottom line, good. >>> coming up next -- they say one man's trash is another man's treasure, could that be true of blackberry. carter will tell us after this [ indistinct shouting ] >>> the s&p is at a record. not just blue-chip stocks leading the
a defense -- >> no, the decision was met with cheers outside the capitol building. she was met with major corporations and -- the thing i don't like about twitter. to me, maybe i didn't know every nuance and detail about it, but just the idea that a lunch counter that someone would say, no, you're not being served here, somebody -- that was enough for me. i didn't realize how many different situations twitter people could come up with to show me that there was some time when this might make sense. it's like, i don't want to know all your splitting hair opinions about why personal freedom, it's like, okay, let's say you're a florist. someone comes in. they want you to do this at this. you don't like the way -- you know, all these different things about, if it's junior business, why can't you decide whether or not this is somewhere where you're going to -- >> you tie it right back to civil rights. the immediate reaction is, we don't serve your kind here. you can't say that. we decided that 50, 60 years ago. you can't do that. >> but i was like reading these -- where these convoluted situati
't matter whether you are a cyclical name, whether you are a defensive name, all the major groups are up, industrials, health care, consumer staples are up along with consumer discretionary. we've got very unusual volume movers. epam is paced in pennsylvania. they sell software and tech systems in eastern europe and the ukraine, so they were down big yesterday but, look, they're up 17% today, just sort of rocketed back. i want to walk you over here, come here. they got a competitor, luxsoft and i'm behind post nine. take a look, up almost 20% right now. they do outsourcing of i.t. services, they compete against epam, most of the engineers are based in the a ukraine even though the company is headquartered in sitland, it was down yesterday, look at it, they are up 20% today. they had a conference call that say it may be beneficial because it may lower labor costs in the ukraine, so they do outsourcing of i.t. services and lower labor costs mean better prices for its customers and ubs some of the big financial firms over there. you can see this whole thing has gotten very interesting finan
it. the defense budget proposes the fewest, the smallest u.s. army since before world war ii and looks like they want to rely more on machines like unmanned aerial drones. funds new cyberprograms, other ships, here's a look at some defense stocks. most of them green arrows going up. this budget also looks good for google, getting into robots. another new high today, google is at 1226. rellx netflix fans, the deal with comcast probably will not jack up the price you pay for streaming but what about netflix? what does it mean for the future of streaming? streaming video? liz: there's a lot of miss reporting and misunderstanding about netflix. the problem with netflix is content. they are saying we won't pay third parties to helped deliver content, we are going to bypass, get rid of third parties and pay for at&t or verizon directly, basically to pick up their content. the problem again is for netflix paying for that content acquiring that content, $3 billion last year, only $1 billion on the balance sheet in cash and the equivalent. stuart: a new report out on the quality backi
no words about homosexuality, things of that nature. it would give the business owners certain defenses they could still have to prove in court. but what i saw on tv was nothing like the bill that i read. >> that is because tv turns this thing into a reader's digest. they compress everything so you're not going to see everything anyway. emphasizing gay rights, if that was their concern or religious freedom, if that was their concern. i'm not just the media analyst. i'm also part of the media. i wrote a piece on my website, about this proposed law. and my concern was, i understand the concern of social conservatives. but if you open a shop on the main street, then you have to serve the general public. you can't say well, i'm not going to serve these people and i will serve those people. >> why not? this is america, why would you want to do business with somebody, no matter their personal issue, why not just go down the street and say i'm going to spend my money who supports me and is kind to me and provides the services to me? >> okay, let's take that argument to its
there be a trade-off. quick that is his defense. -- >> that is his defense. he takes on a host of people. he takes on the nfl odds tax-exempt status. taken on the nfl tax-exempt status. >> i guess it is good if everyone is upset. dave camp wants to change that private equity tax. >> that is right. he would change the rule for the carried interest that affects both the hedge fund committee -- community and the private equity community. they are just one of several groups that will go after that and complained about that. he says, you've got to look at the whole balance of what the financial industry will get out of a more healthy economy. he thinks 2 million jobs will be created. growth is perhaps 20% better, that is the figure you put out there. and he talks about the politics. it is a midterm election year, and there are some republicans that don't want to rock the ship. i asked him about that. has he put his own party on the spot? here is part of his response. >> we need to be engaged in the big issues of the day. growing the economy, creating jobs, and i have specific proposals to do that. that
. here, too. what about the dark castle? you call that defense?! come on! [ female announcer ] watch live tv anywhere. the x1 entertainment operating system, only from xfinity. adam: controversy around and as a spying which sparked concern over privacy is hitting business as well as cisco, ibm, microsoft and hp reporting declines in business in china following the disclosure that the nsa surveillance program in existence, ala tech companies are trying to develop and is a resistant products to help improve their sales overseas. good news for amazon subscribers, prime service may be getting bigger, amazon is reportedly meeting with music labels over the past few months hoping to launch a music streaming platform that will compete with spotify. amazon offers movies and television for people who join its subscription service. members pay $79 a year for those perks. facebook is finding itself at the center of a controversy after teens and their parents have complained they were targeted with inappropriate and lose some underage users have been shown advertisements with. content and encouraged
's the president and democrats sort of playing defense, and what are they playing defense against? they have a very sluggish economy that the president has to to take credit more, and diss rollout of the health care law, people losing their insurance, losing their doctors, having to pay more in premiums. how are they going to change the conversation? well, they go back to income inequality which creates the sort of class warfare issue that we saw in 2012 between the 1% and everybody else. and we've already seen that in the senate and the in the house and congress right now where democrats are pushing the idea of increasing the minimum wage and restarting the federal unemployment benefits and more stimulus. these are arguments we've order in the past, but they trot them out now in an election year to try to get everybody talking about this as the reason why people are not doing better in this economy, and it takes everybody off the conversation of the health care law. so it's sort of a win/win for democrats. and if you look at polls, it resonates with voters. voters support a minimum wage increase o
's defense minister ordered soldiers back to their bases. russia's president said he did not see any immediate need to send troops further into ukraine. and stocks are celebrating. what a difference a day makes. yesterday in europe, turning into gains of 2 1/2 percent in france and germany today. and asia handed in a mostly positive performance. and as threats of sanctions on russia eased back, so do u.s. oil prices falling back a dollar 60. russia is one of the biggest energy producers especially for the rest of europe. and it's home for big tech names the stocks of yandex and kiwi are soaring. fear is off right now. risk is back on. but the situation is very fluid. and the beggar concern on wall street could very well be not russia but the jobs report for february. that's due out on friday, neil. >> and that's going to be one that's going to be closely monitored, lauren, thank you very much. >>> to washington. forget about the debt the president officially unveiling his budget calling for billions more in spending and it comes after one top democrat said we really can forget about
and a russian defense official is discussing ukraine with nato members in brussels as well. so, in this swirl of diplomacy russia's and the west's end games are beginning to emerge. washington and berlin are pushing a plan that would include international observers to replace the russian or pro-russian forces in crimea direct talks between moscow and kiev and new elections in may. now, the russians on the other hand, want to see a return of the ousted ukrainian leader victor yanukovych, he would head a national unity government and new elections in december. so, there's a gulf between these two sides. clearly. and that will be whittled down perhaps over the next number of days, but at least, carl they are talking again. and, by the way, if that doesn't work, don't expect to see russian forces pulling back in crimea anytime soon that could become the new norm. back to you, carl. >> one question, you know, you talk about the presence of the pro-russian forces. is it the sense where you are that putin blinked as "usa today" puts it today or that he simply quit while he was
with investors playing a barbell, keeping a hand in some defensive positions but extending themselves more into cyclicals as we go forward at a low inflationary environment with the fed struggling. sgr >> financials were getting a little bit of a bid. maybe it was a rotation out of the over valued names. want to go back to the main point as we head into the close close. the dow is off almost 250 points. >> bear in mind, 1848 for ages, for weeks and weeks we were trying to break through the new highs, 1848. stutter steps, we finally got there then 1850 would sas resis. finally yesterday we were decisively over that. you get these stutter steps up and back. it's not -- it hasn't been a straight line up but so far since the end of january, we've been doing pretty well. february was a great month. >> the market has been pretty much straight up for the last couple weeks after that big pullback earlier this year, and i think we may be in for some more jitters. i agree with my colleagues here that, you know, some of it has to do with the weekend and the news in the ukraine, but i think there's a
's response and defense of his own actions on his website. in fact, i tweeted that out. apologies came out if it was looking like me. his website and his defense that i wanted to get out to people because it is the first time we've heard from mr. andresen. this morning the new icahn letter to ebay stock holder doesn't say much about paypal. it's wanting to know the truth about what happened with skype, raising questions about what ebay directors new about microsoft's interest in skype. 18 months later the investment group that purchased skype from eb ebay, but ebay helped 30% of the company and managed it from a higher price when it was sold to microsoft, about $8.5 billion. did mark andresen know at the time the group was purchasing a controlling interest from ebay that microsoft was interested. did he enter into a confidentiality agreement that prevented sharing information. a lot of questions continue. want to get to the broader issue in a minute. a manresponse from ebay and mr. andresen himself. he says, for example, ebay's retained ownership in the skype spin-off 30% versus andren's a
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